Top News
BOP swings to $167M deficit in July; BSP flags macroeconomic risks
The Philippines posted a balance of payments (BOP) deficit of US$167 million in July 2025, reversing the US$62 million surplus recorded in the same month last year, the Bangko Sentral ng Pilipinas (BSP) reported.
PH delisted from EU high-risk list
The Bangko Sentral ng Pilipinas (BSP) on Tuesday vowed to sustain financial reforms and global standards compliance programs down the line following the country's removal from the European Union’s list of high-risk third countries on June 10, 2025 — the third such delisting this year.
House tackles record P6.8T 2026 budget, eyes reforms
The House of Representatives on Monday opened deliberations on the proposed 2026 national budget of P6.793-trillion—the largest in Philippine history—with a firm commitment to transparency, reforms, and a people-centered spending plan.
Remolona: Inflation outlook manageable, BSP to stay data-dependent
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. said the inflation outlook remains manageable for the rest of the year, signaling a steady approach to monetary policy despite ongoing external uncertainties.
PH retains third largest U.S. sugar export quota for 2026
The United States Trade Representative (USTR) has maintained the Philippines' allocation of 145,235 metric tons (MT) of raw cane sugar under the World Trade Organization (WTO) tariff-rate quota (TRQ) system for fiscal year 2026, covering the period from 1 October 2025 to 30 September 2026.
